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S 0974 - Authorizes certain investments for political subdivisions

Tracking Level: Of Interest
Sponsor: Robert W. Hayes, Jr.
Last Action: 1/23/2014 - Senate - Referred to Committee on Finance
Senate Committee:
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Authorizes investments for political subdivisions in deposit accounts in banks to the extent that the same are insured by an agency of the federal government.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc